MOST of the problems that folks have with the new Nforce4 boards (ALL of them, not just this board) are related to power supplies. The fact that your PSU is warm is NOT an indicator of health -- PSU's DO warm up some when used, but if it is warm just from TRYING to boot, then you have a problem. If you have an old power supply from another system, put that in, and see if you at least get POST.
I am not familiar with your particular power supply, and 550W SHOULD be enough to go with, but it depends on more than just the rated wattage of the PSU. I would try disconnecting everything non-essential for a post (remove all optical drives, any extra hard drives, fans, extra RAM, and anything non essential that draws power), then try to boot -- if you can post at that point, then you DO have a power supply problem.
What is your PSU rated for Amperage on the 12V rail (the most important for most current systems?). Mine at home is rated at 29A on the 12V rail, and does wonderful (and it is a 550W), but I have heard from others that use 350W PSU's if the rated amperage on the 12V is enough. Anything over 20 SHOULD be fine.
The other possibility (since you said you could POST before adding extra devices) is that one of your devices you added has had a problem. If this is the case, then if you post with no extras, just reconnect the extra devices one by one until you cannot boot -- once you find it, try booting with that device as your ONLY extra. If it will not boot as soon as you connect that device, but will once it is removed, then the device is the culprit -- I had this happen to me with a Soundblaster Audigy -- my system was working fine, then one day I could not boot it. I thought it was a dead PSU, so I spent a LOT of money on a new one, but still no boot -- only removing and reconnecting devices finally nailed it as the card -- and it will not work in other systems either -- I had to get a new one, and tossed the old one.
The final possiblity I see here is that your PSU itself died when you added other devices to the system. I have seen this with some, and a cheap PSU will sometimes take your whole system with it. Again, the only way to know is to swap out the PSU, or start removing non-essential devices until you can boot.
Let us know what your PSU is rated on the 12V rail, and try what I described above, then let us know what heppens.